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The system’s seven hospitals and 2,600 doctors serve an area that encompasses about 1.5 million residents.
Pronounced “NEW-vance,” the new system will serve 1.5 million residents across New York’s Hudson Valley and western Connecticut and consist of more than 2,600 physicians and 12,000 employees. Projected annual revenues of the system are $2.4 billion.
The total project is expected to cost $184 million, with a 100,000-square-foot academic building to be constructed on Health Quest's Vassar Brothers Medical Center campus in Poughkeepsie.
If approved by authorities including the FTC, the move will create a new seven-hospital, $2.4 billion enterprise.